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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$599,999

Est. payment - /mo

5,401 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR26153841

HOA Y/N No

Year Built 1930

Lot Size 5,401 Sqft

Property Sub-Type Triplex

Property Description

Welcome to 1242 E. 43rd Place, Los Angeles—an outstanding investment opportunity with excellent income potential. This property is legally a duplex (2-unit property) and is currently configured as three separate rental units. All three units are registered with the Los Angeles Housing Department, offering added value for investors seeking a cash-flowing asset.

The property is fully tenant-occupied, providing immediate rental income from day one. While it could benefit from some TLC and cosmetic updates, it presents a fantastic value-add opportunity to increase equity and maximize long-term returns.

Ideally located in South Los Angeles, this property offers convenient access to Downtown Los Angeles (DTLA), USC, BMO Stadium, Exposition Park, The Coliseum, Crypto.com Arena, major freeways including the 110, 10, 105, and 710, public transportation, Metro lines, shopping, restaurants, schools, parks, and employment centers. The central location continues to attract strong rental demand, making this an ideal addition to any investment portfolio.

Whether you're a seasoned investor or looking to expand your real estate holdings, 1242 E. 43rd Place offers exceptional upside in one of Los Angeles' most active rental markets. Buyers are encouraged to verify all permits, unit configuration, registration status, and property details with the appropriate governmental agencies.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Pool None

Community Features Curbs

Utilities Available Electricity Available, Sewer Connected

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5115035015

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Samuel Castorena Samuel G. Castorena Jr 626-253-5129, DRE #01264865

NEARBY SCHOOL & BUSINESS

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1242 E 43rd Los Angeles, CA 90011